Anthony Ray Kappus - 20 May 2022 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Legal Officer
Signature
/s/ Charles Lee, attorney-in-fact
Issuer symbol
RDFN
Transactions as of
20 May 2022
Net transactions value
-$12,599
Form type
4
Filing time
24 May 2022, 16:00:51 UTC
Previous filing
02 Mar 2022
Next filing
31 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise +985 +3.4% 29,805 20 May 2022 Direct F1
transaction RDFN Common Stock Tax liability $2,503 -240 -0.81% $10.43 29,565 20 May 2022 Direct
transaction RDFN Common Stock Options Exercise +1,077 +3.6% 30,642 20 May 2022 Direct F1
transaction RDFN Common Stock Tax liability $2,743 -263 -0.86% $10.43 30,379 20 May 2022 Direct
transaction RDFN Common Stock Options Exercise +527 +1.7% 30,906 20 May 2022 Direct F1
transaction RDFN Common Stock Tax liability $1,345 -129 -0.42% $10.43 30,777 20 May 2022 Direct
transaction RDFN Common Stock Options Exercise +2,365 +7.7% 33,142 20 May 2022 Direct F1
transaction RDFN Common Stock Tax liability $6,008 -576 -1.7% $10.43 32,566 20 May 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RDFN Restricted Stock Unit Options Exercise $0 -985 -100% $0.000000* 0 20 May 2022 Common Stock 985 Direct F1, F2
transaction RDFN Restricted Stock Unit Options Exercise $0 -1,077 -20% $0.000000 4,311 20 May 2022 Common Stock 1,077 Direct F1, F3
transaction RDFN Restricted Stock Unit Options Exercise $0 -527 -11% $0.000000 4,210 20 May 2022 Common Stock 527 Direct F1, F4
transaction RDFN Restricted Stock Unit Options Exercise $0 -2,365 -25% $0.000000 7,098 20 May 2022 Common Stock 2,365 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 1/4 of the restricted stock units vested on May 20, 2019, and 1/16 of the restricted stock units vested quarterly thereafter, such that 100% of the restricted stock units vested by May 20, 2022.
F3 1/4 of the restricted stock units vested on May 20, 2020, and 1/16 of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be vested by May 20, 2023.
F4 1/4 of the restricted stock units vested on May 20, 2021, and 1/16 of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be vested by May 20, 2024.
F5 1/4 of the restricted stock units vested on May 20, 2022, and 1/16 of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be vested by May 20, 2025.